Tag Archives: COSCO CAPITAL INC.

2GO – moving sideways with bullish bias. Based on daily and weekly chart, the Ichimoku elements are in a bullish positions. Of course we need to have some corrections before forming that big cup. AC – the stock has so

Weekly chart shows some familiar movement. Notice how COSCO bounce after touching the support area but as it bounce, it creates a lower high. In case price will continue to follow this trend, then a bounce will happen but not

Based on its weekly chart, there is a tendency that COSCO will continue to move down and hit 8.58 per share which is where Kijun Sen line is moving. This also corresponds to the 50% Fibonacci Retracement level. Weak bullish

COSCO is up by 3.5% to close at the high with 9.17 per share. Notice that it is knocking at the resistance slope. Its a good time to speculate for a breakout from the current trend. Ichimoku elements are all

Just like PGOLD, COSCO is not experiencing a strong resistance at the moment but may encounter headwinds along the way as it is atoverbought level based on RSI. Will it reach 9.5 per share soon? Ichimoku elements are all in

COSCO hit the Kumo today and wasn’t able to stay inside it. Is COSCO going to continue moving upward? This level is critical for the stock for some reasons: Chikou Span is about to go above the price which is

After successive drop, is it time for COSCO to reverse? The stock close by 3.5% to 7.89 per share today and has formed a Bullish One White Soldier. This shows that the bulls are starting to take control over the

COSCO showed some bullishness today when it went up by 2.5% to close at 8.04 per share. The price action creates a Harami candlestick pattern. This pattern suggests that while the bears are generally in control the bulls are starting

COSCO has been trying to break the 9.74 resistance or 78.6% Fibonacci Retracement level but so far failed to do so. Kijun Sen line is still moving horizontally at 10.20 per share and may help pull the price out of

After reaching 11.06 per share, COSCO has retraced and reached the 78.6% Fibonacci Retracement level. This could be a bouncing area for COSCO plus the Kumo is also acting as a support. Candlestick formation does not show any reversal pattern

COSCO went up by 5.1% from previous week closing at 10.46 per share. After 2 weeks of dealing with the 61.8% Fibonacci Retracement level, COSCO clearly broke from that level and may challenge the 78.6% Fibonacci Retracement level around 10.51

COSCO is still struggling to move up and has been stuck to its support area around 23.6% Fibonacci Retracement level or 9.48 per share. It has been three days now that Kijun Sen has been stopping the price from moving

COSCO is still trading the range and is near the support level. Will there be a bullish candlestick to appear very soon? Kijun Sen has no more power to pull the price down as it move upward. RSI or Relative Strength

COSCO may trade the 9.90 – 9.50 range before it will continue with its ascend. Notice that the price seem to have difficulty in moving away from this range. Today we are looking at the Doji candlestick that suggests indecisiveness

COSCO is facing a strong headwind during the recently concluded week that brought the price down to 9.43 per share, a 4.1% drop from previous week. The drop sends the price to the Kijun Sen line which acts as a

COSCO continue to move up the ladder registering a 3% advance today. It broke the 9.50 per share resistance or the 78.6% Fibonacci Retracement level. This becomes our newly found support. Resistance is now at 9.90. Due to RSI or

COSCO is showing a bearish sentiment today via the Dark Cloud Cover candlestick pattern. Is this going to be the end for COSCO’s rally or just a headwind? Our immediate support is at 9.0 while the next one is near

COSCO reached the 8.3x (COSCO: Is the flight to 8.30 clear?) mark before retracing and closing at 8.10 The Kijun Sen which attracts the price to go up is now considered our resistance together with the 127.2% Fibonacci Retracement level.

After reaching around 161.8% Fibonacci Retracement level, is COSCO ready for a rally? Today it is up by 4% closing at 7.85 Based on our chart, we have a possible rally to 8.30 if Kijun Sen line will continue to

It was last January 27 when we saw COSCO continue to fall and until today it has not recovered yet. Our immediate support is at 161.8% Fibonacci Retracement level. If there will be a good candlestick pattern that will be formed